live Trump says U.S. could strike Iran ‘hard’ as Tehran warns of economic fallout- Middle East conflict
U.S. President Donald Trump said Washington could destroy Iran’s infrastructure “in two days,” while Tehran warned the U.S. would...
India's retail inflation (INCPIY=ECI) rose to 2.07% in August as food prices edged up, although it remained within the central bank's tolerance range for the tenth consecutive month.
Food prices in August decreased by 0.69%, compared to a decline of 1.76% in July, while vegetable prices dropped by 15.92%, a smaller decrease than the 20.69% fall in the previous month.
Food prices are projected to rise due to above-average rainfall in August, with similar weather conditions expected in September, which could harm India's summer-sown crops, including rice, cotton, soybean, and pulses.
Tax reductions announced by Prime Minister Narendra Modi on food and numerous consumer items are expected to help lower inflation in the coming months.
Iran’s Foreign Minister Abbas Araghchi said Tehran has “no trust” in the United States and will only consider negotiations if Washington shows seriousness. His remarks came as talks on Iran’s nuclear programme continued, with Trump and Xi also opposing Iran acquiring nuclear weapons.
The U.S.-Israeli war with Iran loomed over U.S. President Donald Trump's visit to China, as signs emerged that the conflict is causing a shift in alliances across the Middle East.
Chinese President Xi Jinping and U.S. President Donald Trump are holding high-level talks in Beijing on Thursday, following a ceremonial welcome, with both leaders highlighting cooperation despite ongoing tensions.
British Prime Minister Keir Starmer was fighting for his political survival on Thursday (14 May) after Health Secretary Wes Streeting resigned, saying he had “lost confidence” in Starmer’s leadership.
The second semi-final of the 70th Eurovision Song Contest 2026 takes place tonight in a rain-soaked Vienna, with the final 10 places in Saturday’s grand final still up for grabs.
Negotiations between Samsung Electronics and its workforce on Wednesday have broken down, officials said, raising fresh concerns over potential disruption to South Korea’s export-heavy economy.
By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
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